The drafted corporate rescue rules is "effective" from 1 Jan 15 but hasn't been enacted. Can this draft be relied upon for transactions post 1 Jan 15 but before enactment?
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You've answered your own question
Rely on the legislation.
Draft legislation is not legislation.
That is the facetious response. In reality, if there were some reason why the return had to be filed before the legislation were enacted my treatment would depend on how likely I thought the legislation would be enacted as drafted. In most cases I would probably file on the basis of the revised legislation, to the extent that it applies to the return period - making suitable disclosure, and being prepared to amend if necessary.